Senate negotiations over the CLARITY Act stalled due to disputes over stablecoin rewards, government ethics rules, and President Donald Trump's personal cryptocurrency holdings

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Bicameral federal legislature of the United States, made up of the Senate and the House of Representatives, which writes law, controls federal spending and oversees the executive branch. Its two chambers represent states and districts on different terms and hold different constitutional powers.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.